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Petroliam Nasional Bhd (Petronas) said it will pay an additional RM10bil in dividend to the government by the end of this month, lifting its payout so far this year to RM34bil.
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) says its filing of a RM78mil lawsuit against AirAsia X (AAX) will not derail the latter’s debt restructuring scheme.
It now serves 1.5% of usual passenger volume
JAKARTA: The founders of Indonesia’s PT Lion Mentari Airlines are planning to start a new airline, according to people familiar with the plan, a development that could aid the carrier’s efforts to move beyond one of aviation’s biggest disasters.
Fall in motor vehicle sales weighs on industry
KUALA LUMPUR: A decline in motor insurance weighed on the general insurance industry in the first half ended June 30 this year, as it registered its steepest half year drop in recent years and with a further decline expected for the full year.
It is aiming to achieve the goal by the end of the year
PETALING JAYA: As the nation starts to recover from the aftermath of the coronavirus (Covid-19) pandemic and the movement control order, shipping lines and shippers are clashing over what seems to be inherent problems in the industry.
PETALING JAYA: Amidst the disputes between shipping lines and shippers, particularly on the collection of container deposits, the Transport Ministry has pointed out that it had endorsed an amicable resolution through the Port Klang Authority (PKA).
KUALA LUMPUR: The delays in collecting cargoes during the movement control order (MCO) period has resulted in accumulated charges, causing financial burden to local shippers and manufacturers, says Malaysian National Shippers’ Council (MNSC) chairman Datuk Dr Andy Seo Kian Haw